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April 3, 2015

Samco Announces Extension of Agreement to Acquire Dino Polymetallic (Zinc, Lead, Silver) Property in Peru

TORONTO, ONTARIO--(Marketwired - April 3, 2015) - Samco Gold Limited (TSX VENTURE:SGA) ("Samco" or the "Company") announces an extension of the share purchase agreement (the "SPA") with Mantaro Resources Limited ("Mantaro") for the acquisition of all the issued and outstanding shares of Samco Minerals S.A. and Cia Dorita MA S.A.C., Mantaro's wholly-owned Peruvian subsidiaries (collectively the "Mantaro Subsidiaries"). The Mantaro Subsidiaries hold certain exploration and mining concessions over the Dino polymetallic property located in Peru (the "Dino Property"). The SPA now terminates on April 30, 2015 if the acquisition in not completed by such date. For more information on the SPA, see the Company's December 12, 2014 news release. For more information on the Dino Property, see the Company's December 18, 2014 news release and the Technical Report on the Dino Property posted under the Company's profile at on February 3, 2015.

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